Guggenheim Keeps Automatic Data Processing Price Target at $340 a Share
Guggenheim maintained its $340.00 per-share price target on Automatic Data Processing, according to Dow Jones Newswires, citing Benzinga ratings data.
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what happened
Guggenheim maintained its price target on Automatic Data Processing (ADP) at $340.00 per share. Dow Jones Newswires reported the move, citing ratings data from Benzinga.
The decision leaves the earlier target unchanged, so the analyst kept the previous valuation of the shares without a revision.
why it matters
A maintained price target usually does not change the picture for the market, since it reflects the analyst's stance rather than new data on revenue or profit. Investors typically weigh such calls alongside earnings and broader market conditions.
tags
instruments
sources
- Automatic Data Price Target Maintained With a $340.00/Share by Guggenheim — Dow Jones Newswires, 29 October 2026 at 14:27 UTC
- Alphabet Price Target Maintained With a $450.00/Share by Guggenheim — Dow Jones Newswires, 29 October 2026 at 14:34 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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